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Selling season: Irvine Co. trades Los Angeles building to fast-growing bank

East West Bank buys Western Asset Plaza in Pasadena, a top-performing office market
The Irvine Co. acquired the five-story Western Asset Plaza office building in 2012 and last month sold it to East West Bank. (CoStar)
The Irvine Co. acquired the five-story Western Asset Plaza office building in 2012 and last month sold it to East West Bank. (CoStar)
CoStar News
March 12, 2026 | 7:51 P.M.

One of Los Angeles County’s largest banks will grow its headquarters in Pasadena through an office deal with a prominent landlord that has been exiting urban office markets across Southern California.

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